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Big Option Review

Big Option promises to provide risk-free investments to its online users. But is this binary options trading broker capable of fulfilling what it has pledged? Or is Big Option just the next lousy scam?

Our inquiry into the matter tried to find out the most thorough and extensive data available on the web about Big Option. The results follow below. But as this binary investment broker is still quite new, there is close to no accessible information.

More facts need to be gathered for us to recommend Big Option as legit. Or deem it as an investment scam. Until then, we advise all our users to turn to a proven to be trusted and reliable binary trading broker. View our preferred selection of the BEST legitimate and most respectable binary options brokers and check up their full review so that you can enjoy a more safer trading experience!

Because we were not able to come up with more trustworthy data on Big Option, we cannot confirm that investing with this binary options broker is recommendable. You can Trade with Trusted Broker OR Sign Up with one of the approved and safe Binary Options Brokers.

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BigOption Review

BigOption is a binary options broker that claims to strive for excellence and transparency. The BigOption website overflows with information, however, most of it seems rather generic and doesn’t provide any details about when the company was founded or any of its history. Overall BigOption seems to provide the standard binary options trading services and doesn’t stand out with anything special.

Is Big Option Reliable or a Scam Broker?

The payouts offered by BigOption are up to 85%, which is a good percentage, but traders should be aware that no one can guarantee with certainty what profits they would be able to make. The most important thing, however, is that on the BigOption website there is no indication whether the broker is regulated, which means that it most probably isn’t.

That is not to say that BigOption is necessarily a scam as there are many unregulated brokers that provide good and reliable services. But when you see that a broker is not regulated it is advisable to do some additional research and make sure that it is not actually a scam.

Big Option Trading Platform

One of the most important aspects of a binary broker is the trading platform they provide to their users. With the rapid development in binary options trading tools and features it is always wise to choose a broker, which provides a trading platform with diverse but also efficient functionalities that will enable you to apply various strategies and maximize your profits. The BigOption platform offers the typical trading tools like Call/Put options, Short Term and Long Term options as well as a couple of features like One Touch and auto-trading. It is a good range of tools, however the BigOption trading platform doesn’t offer some of the more innovative tools available on other brokers’ platforms.

Account Types & Bonuses With Big Option

BigOption offers several different types of trading accounts − Micro, Basic, Gold, Platinum and VIP. The various investment plans are designed for traders with different levels of proficiency and require different initial investment amounts. The Micro Account has a deposit between $250-$500, which is generally the typical required deposit in the binary options sector, but with the rest of the accounts the deposit requirements get progressively higher and those who want to use the Platinum or VIP Account should be prepared to invest huge sums of money.

Just like the majority of binary option brokers on the market, BigOption offers bonuses and benefits to its new and existing customers. Traders should be aware that the various bonuses are subject to time limitations and condition changes. It is also very important to know that if you accept a bonus, you will have to reach a trading volume of at least 30 times for each $1 bonus in order to be able to withdraw the bonus. This information is not easily visible on the BigOption website and traders can only find it in the Terms & Conditions section. Therefore make sure to read carefully the Terms & Conditions otherwise you might be up for some unpleasant surprises.

Summary

From what we found out about the BigOption binary broker we can say that it offers the standard array of services and trading platform features. The worrying thing about BigOption, however, is the fact that the broker is not CySEC regulated, which doesn’t necessarily mean it is a scam, but raises some questions. Signing up with unregulated brokers is always risky because if anything goes wrong you won’t be able to do anything about it.

Therefore proceed with caution when choosing a binary broker and pick a regulated binary options broker for a safe and secure trading experience.

Final Verdict

The Big Option binary options trading broker is one that can not be determined conclusively as a legit or fraudulent one.

Still, there is a very fair chance that it is a scam. We were not able to find out much available data about it online, so the matter remains dubious. What we can advise traders is to opt for a binary broker that is proven to be reliable and trustworthy. There are some very solid ones.

But it would be best to not execute any trades with Big Option. It has yet to build a reputation.